Liberals gain another seat, China US agree to cut tariffs, Trump claims: US stopped nuclear conflict between India-Pakistan.

May 12, 2025 00:58:58
Liberals gain another seat, China US agree to cut tariffs, Trump claims: US stopped nuclear conflict between India-Pakistan.
Connect Newsroom
Liberals gain another seat, China US agree to cut tariffs, Trump claims: US stopped nuclear conflict between India-Pakistan.

May 12 2025 | 00:58:58

/

Show Notes

In today’s News Takeaway, Vijay Saini and Vasu Kumar unpack three key international and national developments:

Stay tuned for smart analysis and sharp insights, every morning.

View Full Transcript

Episode Transcript

[00:00:02] Speaker A: And now News Takeaway. [00:00:14] Speaker B: Connect FM 91.5 News Takeaway segment Good morning Vijayji. [00:00:22] Speaker A: Good morning Connect now Connect weekend. [00:00:44] Speaker B: Four day work four way four day work week. Right. So four day work week to Bella Horikinya Jiza. [00:01:25] Speaker A: That'S. [00:01:53] Speaker B: Quebec on election night Liberal party eventually validation process incumbent actually absent incumbent. [00:02:20] Speaker A: So validation by 44 votes. 44 votes so liberals count finish Liberals validation process Judicial recount trigger that is less than 0.1% of the total votes Judicial recount GDC writing fear flip by a margin of one vote single vote. [00:03:08] Speaker B: Just by a margin of one vote. [00:03:12] Speaker A: Liberal MP. [00:03:15] Speaker B: August Newfoundland Peninsula riding Milton East Halton Ali riding Liberal candidate Anthony Germain validation process automatic trigger. [00:04:38] Speaker A: Yeah so Windsor Chakam say Lake Shore validation process examples 6 cases I vote for Eric. [00:06:57] Speaker B: Margin of victory a margin of defeat depending on the scrutiny candidates they volunteers Elections Canada vote secret ballot opening the process. That is where that information comes from. Exactly. [00:08:16] Speaker A: Liberals the total vote count is flipped Quebec riding the Taraban they flick flip the Bhad. [00:08:24] Speaker B: Majority. [00:08:35] Speaker A: Possibly Liberals. [00:08:43] Speaker B: Best case scenario. [00:08:44] Speaker A: Best case scenario. [00:08:52] Speaker B: Judicial recount honor so you still reach 171 one shot of the majority number yes. [00:09:25] Speaker A: Green Party the leader Elizabeth May. [00:09:36] Speaker B: Party partisan lines available. So Greg Fergus. [00:09:46] Speaker A: Campaign he still wants to continue as the speaker. [00:09:49] Speaker B: Continue as a speaker. So cabinet parliamentary secretary I think which that will be quite telling Elizabeth speaker. So let's. Let's wait till tomorrow. [00:10:22] Speaker A: Senior minister. Senior ministers they feel bots are ministers of state. Junior ministers. [00:10:35] Speaker B: Because everything is so much centered around Mark Carney election campaign is the person crisis is going to be the person economic challenger. So so much of the focus has been on Mark Carney I think election strategy during election time. [00:11:14] Speaker A: Yeah but you still need a finance minister. You still need a defense minister. You still need a foreign affairs minister. [00:11:20] Speaker B: You still need a trade minister. [00:11:22] Speaker A: Trade minister. Foreign affairs minister most likely Melanie Jolie Hirangay Finance minister Dominic Leblanc Francois Philippe Champaign. So core ministers most likely Justin Trudeau Cabinet. [00:11:42] Speaker B: Christia Freeland that will be interesting to see. [00:11:50] Speaker A: Minister of Transport Banayasi so Honki Opni Cabinet Christy friend and then he said. [00:12:08] Speaker B: She was a terrible person. [00:12:09] Speaker A: She's a terrible person. You know who I'm speaking about. So we will have to wait. So interesting. There's so many things that can be said about the cabinet tomorrow. So we'll wait. [00:12:22] Speaker B: Yeah we'll wait. Let's wait till tomorrow. Emergency cruise Waterfront station downtown Emergency responders Waterfront station which we are thankfully. [00:13:58] Speaker A: In my Kamti. [00:14:11] Speaker B: Speaking of cello money and all that. [00:14:21] Speaker A: You can't keep it. [00:14:30] Speaker B: Nobody can compel you. [00:15:22] Speaker A: Just sleep over it. [00:15:29] Speaker B: Very good. [00:15:39] Speaker A: Very nice. [00:15:40] Speaker B: Very nice. Maybe it was somebody else. Bida legit. [00:15:51] Speaker A: Very nice. Are you saying how do you lose. [00:17:10] Speaker B: Everything under $5? [00:17:11] Speaker A: Yeah. [00:17:36] Speaker B: For 90 days it was an astronomical number. At one point China American goods down from 125% reduction. [00:18:36] Speaker A: Discussions till near hand. So he life hang discussions the US will know Treasury Secretary Scott Besant the US Trade Representative Jamison Greer in our discussions so Galba Tonali solution as a result stock markets. [00:19:06] Speaker B: American economy inflation so China maybe Trump administration. [00:20:18] Speaker A: Comparatively. [00:20:23] Speaker B: Correct? Yes, correct. [00:20:40] Speaker A: Comparatively. [00:21:02] Speaker B: That's right. [00:21:03] Speaker A: Everybody wants. [00:21:06] Speaker B: Structural resets. [00:21:49] Speaker A: It will take time so customer in this case so up America the China. [00:22:31] Speaker B: Business model Trump the tariff policy stock market index trading economies Asar stock market China to Mal Banwa KM Rikach Wait Diana company Pharmaceutical industry actually Americans pay some of the highest prices for medications Pharmaceutical company incentive to innovate to come up with new products better medications Pharmaceutical industry which innovation Pharmaceutical industry will know. [00:24:28] Speaker A: Campaign endorsements lobby group. [00:24:38] Speaker B: Interesting. House of Representatives Trump the Trump administration is poised long lasting positive impact. [00:25:40] Speaker A: What I have to come to understand is they genuinely believe in it. [00:25:45] Speaker B: They believe in it in most of the cases. [00:25:47] Speaker A: Oh, but he strongly believe Krjc H is Lagu Karnatak Donald Trump he feeds on praise, he feeds on attention. I don't think Donald Trump. [00:26:09] Speaker B: He wants to be liked. [00:26:10] Speaker A: He wants to be liked. He wants to be acknowledged. Nobel Prize for Peace Just giving you an example. So Donald Trump he is close to 80 years old. All he wants is praise and acknowledgment. [00:26:33] Speaker B: Legacy. [00:26:34] Speaker A: Legacy. He's trying to build a legacy. So they genuinely believe in it. Ideology which they are so deeply rooted. [00:26:57] Speaker B: Over the weekend, I think the biggest takeaway as we listen to these news. [00:27:35] Speaker A: Stories. [00:28:31] Speaker B: Meet yourself time and again as well. [00:28:42] Speaker A: And more so with age. [00:28:44] Speaker B: Yes, correct. [00:28:54] Speaker A: I don't know know that opens so many possibilities for you. I know everything. India, Pakistan, Ali situation. I know social media standard stand. He's appreciating both sides of the argument. Left side for example. I think life exits. It happens in grays. Right. It's not white or black. [00:29:50] Speaker B: Correct. [00:30:04] Speaker A: Trump Democrats versus Republicans Conservatives versus Liberals. Daniel Smith versus Donald Trump. Yeah, Daniel Smith versus Doug vote. [00:31:06] Speaker B: Blind faith politics. [00:31:12] Speaker A: And not just in politics anywhere. [00:31:30] Speaker B: This week is going to be quite crucial. [00:31:33] Speaker A: Is it tomorrow? [00:31:34] Speaker B: Yeah. I thought he was leaving today. [00:31:35] Speaker A: No, he leaves tomorrow. [00:31:36] Speaker B: Executive order sign. There is a possibility more specifically Zelensky, Putin they have not seen each other since I think late 2019 over the weekend now speaking of the Russia Ukraine conflict over the weekend including Canada actually coalition of the willing Coalition of the willing ceasefire that was I think I believe on Saturday direct talks. [00:33:52] Speaker A: Donald Trump true social media so Donald Trump President Putin of Russia does not want to have a ceasefire agreement with Ukraine but rather wants to meet on Thursday in Turkey to negotiate a possible end to the bloodbath. Ukraine should agree to this immediately. [00:34:56] Speaker B: Mulkandeli Senior Adikarini conflict senior officials. [00:35:21] Speaker A: I will be waiting for Putin in Turkey on Thursday. Personally I hope that this time the Russians will not look for excuses Donald Trump can they at least. [00:36:17] Speaker B: Well then one way or the other things will. [00:36:20] Speaker A: Be clear then we know how to proceed European leaders and US leaders and. [00:36:25] Speaker B: US leaders critical minerals infrastructure so US presence on Ukrainian soil not through military but through construction and through exploration of critical minerals overall India Pakistan at one point there were over 120 warplanes in the air so at any point. [00:37:52] Speaker A: And. [00:37:52] Speaker B: Then Milesi but nothing came of those what happened in the last four or five days suddenly major conflicts. [00:38:22] Speaker A: For the longest time stands area international issue United nations. [00:38:46] Speaker B: Trying to inject himself. [00:38:51] Speaker A: India Donald Trump for the longest time India. [00:39:12] Speaker B: That again ties back into that same point Trump tweet the one that you just read tweet social deposed the last American hostage American Israeli citizen. [00:40:16] Speaker A: Born in the US As a gesture of goodwill so. [00:40:31] Speaker B: With Hamas so developments which you are right the only exception is Israel and Hamas and it goes back to the point that you mentioned Trump may be just you know one of the Sara Israeli Focus Nobel Peace Prize especially Joe Exactly. [00:41:45] Speaker A: India Pakistan situation it's a good opportunity for him because he knew India Pakistan nuclear power nations for obvious reason for very valid very I would say. [00:42:07] Speaker B: Very good reason very good reason who. [00:42:12] Speaker A: Blinks first so Donald Trump which Lee Rajari post by Kasari Galba coalition of the willing Middle east as it is Jai Rain yes. [00:43:26] Speaker B: Yes Trump likes big. [00:43:46] Speaker A: Numbers numbers oil production. [00:44:38] Speaker B: That remains to be seen Boeing 747 jet yeah so. [00:44:59] Speaker A: Donald Trump US should pay top dollar for it. [00:45:32] Speaker B: The people in his corner it's an old aircraft Mazbutasarna deals duels trade the deal I think this probably is so the American consumers are still going to pay more money. [00:47:27] Speaker A: Yeah I think inclusion Koi carve out impact tangible J Rai Farak Jeko impact Kuyasar Hoya Sadi election yes Canadian election the which just 3 KD a foreign interference Hoyana foreign interference are they Canadian election Donald Trump the 51st state. [00:48:37] Speaker B: Election campaign favor Chaldasi. [00:48:48] Speaker A: In the later days Donald Trump. [00:49:04] Speaker B: Exactly. [00:49:23] Speaker A: Very nice. Very nice. [00:49:29] Speaker B: There are so many things that could. [00:49:30] Speaker A: Have happened national party one of the coalition see. Yeah. [00:49:54] Speaker B: Anthony Albanese Infrastructure Projects Act Approval Authority projects significant Green Party indigenous We talked about it last week United Nations Declaration on the Rights of Indigenous Peoples Legislation Bill 15 Infrastructure Projects Act Infrastructure Projects Act New Lagu Karan Sami Indigenous Pichara. [00:51:57] Speaker A: Yeah Financial benefit apparently project major infrastructure project ownership Indigenous project indigenous partnership way. [00:52:36] Speaker B: Financial Benefit Bill 15 Infrastructure Projects act legislation. [00:53:08] Speaker A: Critical mineral mines proposed advanced development First nations they call Benefit Agreement. [00:53:24] Speaker B: Association the president Confidence and supply agreement J Green Party Confidence and supply agreement Overall razor thin majority NDP will have to use every single vote including the vote of the speaker last week we also talked about this Cabinet designate Karnak important project the Ponch Karvasakda Cabinet they code ODA project pass on the chance longer approval pipeline. [00:55:16] Speaker A: Yeah. Primarily projects. [00:55:29] Speaker B: What about the private one at the. [00:55:31] Speaker A: Same time private sector projects I think private sector projects fast tracker Infrastructure Minister Kobe project fast track. So we'll have to pick and choose. [00:55:58] Speaker B: We coach projects going back to what's happening on the international stage. Israeli American hostage Aidan Alexander Onanu he's been released. So I was reading a few days ago California that was cited as a reason. That was cited as a reason. Yeah. 177So yeah. [00:56:44] Speaker A: International Donald Trump Middle East. [00:56:49] Speaker B: Yes. [00:56:52] Speaker A: Oil production Donald Trump Shuru Tohi Saudi Arabia Gas production. Oil Oil production. Gas production. Oil Oil production. [00:57:25] Speaker B: Still very low Saudi Arabia Kingdom of course the cost of production if it is at that level meeting Saudi Arabia oil production market share balance out Currently they need the price to be a lot higher. [00:58:26] Speaker A: Yeah. [00:58:27] Speaker B: So. [00:58:33] Speaker A: Production so we will do it regardless. And it's also their way of punishing some other nations like Venezuela. So can they punish Karna. [00:58:52] Speaker B: So this week. Thank you. [00:58:57] Speaker A: Thank you very much. [00:58:57] Speaker B: Thank you.

Other Episodes

Episode

July 03, 2025 00:24:02
Episode Cover

Cabinet Shuffle, Mann to Rajya Sabha? | AAP & Akali Tensions Rise | New CM Palace Controversy

Stay informed about Punjab's political scene by tuning into Khabarnama on Connect Newsroom. Hosts Vijay Saini and Deepak Sharma Chanarthal lead engaging discussions and...

Listen

Episode

June 27, 2025 00:19:46
Episode Cover

Political Storm in Punjab: Majithia's Troubles Deepen, SYL Tension Rises, Badal's ‘Kaur Committee’

Stay informed about Punjab's political scene by tuning into Khabarnama on Connect Newsroom. Hosts Vijay Saini and Deepak Sharma Chanarthal lead engaging discussions and...

Listen

Episode

April 17, 2025 00:16:43
Episode Cover

Mann at Wagah Border | CBI Raids Spark Tensions | ₹2000 Cr Power Theft | Trump Criticized

Stay informed about Punjab's political scene by tuning into Khabarnama on Connect Newsroom. Hosts Vijay Saini and Deepak Chanarthal lead engaging discussions and provide...

Listen